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Not profitableLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.No, Twitter is currently not profitable. The company last reported a profit in 2019, when it generated about $1.4 billion in net income; it had generated $1.2 billion the year prior but has since returned to non-profitability (a trend it had maintained from 2010 to 2017, according to Statista).businessmodelanalyst.com/is-twitter-profitable/As of the second quarter of 2021, the company reported 206 million monetizable daily active users worldwide. In 2020, Twitter’s annual revenue came to 3.72 billion U.S. dollars. However, the company has only been able to report a positive net income in 2018 and 2019, revealing a struggle to monetize users.www.statista.com/statistics/274568/quarterly-reven…Twitter has been operating at a massive loss for years, failing to book an annual profit since 2019 (Mauer, 2022). For eight out of the last ten years, the company has posted a loss. While losses are trending downwards, the company saw a net loss of a staggering $1.14 billion in 2020.sites.lsa.umich.edu/mje/2022/12/21/twitter-and-its-fi…- People also ask
Elon Musk: Twitter is operating at break-even and …
WEBApr 12, 2023 · Elon Musk: Twitter is operating at break-even and could turn profitable ‘in a matter of months’ Last Updated: April 12, 2023 at 9:51 a.m. ET First Published: April 12, 2023 at 6:32 a.m. ET
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Twitter Announces Fourth Quarter and Fiscal Year 2021 Results
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Twitter Announces Fourth Quarter and Fiscal Year 2020 Results
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Twitter Revenue and Usage Statistics (2024)
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Twitter’s revenue rises 37 percent in the third quarter.
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Twitter Reports Revenue Growth as Elon Musk …
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Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue
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Can Twitter Become More Profitable Under Elon Musk?
WEBApr 26, 2022 · Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just …
Twitter Statistics For 2024 — (Facts After "X" Rebranding)
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X will be profitable in 2024, CEO claims in tense interview
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Twitter revenue, earnings reportedly fell 40% shortly after Musk …
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WEB1 day ago · Listen. 2:34. Mexico’s state oil giant posted a slight profit in the first quarter as production slipped, with government support helping to prop up the debt-saddled …
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